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Updated about 9 years ago on . Most recent reply

User Stats

70
Posts
3
Votes
Edwin W.
  • Investor
  • Dallas
3
Votes |
70
Posts

Double Closing

Edwin W.
  • Investor
  • Dallas
Posted

Hey everyone,

I've contacted a bunch of title companies regarding double closing and one of them said you can do double closing, but full disclosure has to be disclosed. Meaning the seller and cash buyer will have to know how much you make. Does Double Closing still work in the State of California without the seller and cash buyer knowing your profit?

Best,

Edwin

Most Popular Reply

User Stats

2
Posts
4
Votes
Bryce Calhoun
  • Pomona, CA
4
Votes |
2
Posts
Bryce Calhoun
  • Pomona, CA
Replied

I thought a double close would stop you from revealing your profit margin on the contract but with due diligence anyone can find out it would be public record

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